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Anglo American Nears $20B Deal for Teck Resources

9/9/2025

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Summary

Story summary

Anglo American is close to acquiring Teck Resources for about $20 billion, as reported by the Financial Times.
The deal may involve stock payments, with a potential announcement expected this week.
Negotiations remain uncertain, and the deal could still fall through.
Teck is valued at C$23.69 billion, while Anglo American is valued at £26.82 billion.
Teck is reassessing operations and delaying project approvals due to issues at its Quebrada Blanca mine.

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Story summary

Anglo American is close to acquiring Teck Resources for about $20 billion, as reported by the Financial Times.
The deal may involve stock payments, with a potential announcement expected this week.
Negotiations remain uncertain, and the deal could still fall through.
Teck is valued at C$23.69 billion, while Anglo American is valued at £26.82 billion.
Teck is reassessing operations and delaying project approvals due to issues at its Quebrada Blanca mine.